1174 articles tagged with this keyword
News/regulation
Financial institutions need to transform their entire business and operating model to achieve bespoke and modular digital solutions while improving their profitability.
20 May 2024
News/payments
American open banking account-to-account payment fintech Aeropay has raised $20 million in a Series B funding round led by Group 11.
17 May 2024
Australian Big Four bank NAB is partnering with Banked to launch Pay by Bank capabilities, leveraging Australian open banking rails PayTo to settle near-instant transactions.
08 May 2024
Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime as well as the UL Solutions payments testing business and merged the two. Financial terms were not disclosed.
07 May 2024
Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.
02 May 2024
Company update/payments
TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.
Neonomics, a leading open banking company and Qvik, a leading developer of digital consumer products, have signed a strategic partnership to jointly promote and deploy open banking services to customers across the Nordics and UK.
30 April 2024
Brite Payments, a leader in instant bank payments, today announced that it has partnered with leading e-commerce platform Shopware to bring the benefits of its open banking-based instant payments to businesses across Europe.
29 April 2024
News/retail
Visa has launched open banking in the US, using technology from recently acquired Swedish vendor Tink.
25 April 2024
Splitwise, a popular app for sharing bills and expenses, and Tink have partnered to bring Pay by Bank to Splitwise users.
News/security
Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.
In the first panel of NextGen Nordics 2024, Finextra’s head of content Madhvi Mavadiya moderated the session: ‘Instant payments – how to prepare for RIX-INST on TIPS and the benefits of starting with Swish’.
23 April 2024
Company update/retail
The Joint Regulatory Oversight Committee (JROC) has today published proposals for the future open banking entity (the Future Entity).
Fintech Galaxy, a leader in Open Banking and financial innovation, has launched innovative credit profiling capabilities in collaboration with Singaporean fintech company FinbotsAI using artificial intelligence models and aggregated Open Banking data.
News/markets
NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.
UK Finance has teamed up with law firm Addleshaw Goddard to put together a set of model clauses that bank account providers and PSPs can use in variable recurring payments (VRPs).
The UK government has published its Smart Data Roadmap laying out its plans for smart data schemes across seven sectors, including banking and finance.
19 April 2024
News/inclusion
Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.
If it wins the upcoming UK general election, the Labour party must harness the fintech sector as an engine for economic growth, opportunity and inclusion across the country, says a report from the Tony Blair Institute for Global Change.
18 April 2024
The Canadian government has promised open banking legislation by the end of the year and confirmed that the Financial Consumer Agency of Canada (FCAC) will oversee the new system.
17 April 2024
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